Deere notified of contract ratification by UAW

MOLINE, Ill., Oct. 4, 2015 /PRNewswire/ -- Deere & Company (NYSE: DE) has been notified by the UAW that its members have ratified a new six-year master labor agreement with Deere.

Deere and the UAW had reached a tentative agreement October 1 that required a ratification vote by UAW members at John Deere facilities. Terms of the agreement will not be made public.

The UAW represents approximately 10,000 Deere manufacturing employees at 12 factories in Iowa, Illinois and Kansas. The master agreement covers manufacturing employees at John Deere facilities in Davenport, Ankeny, Dubuque, Ottumwa and Waterloo, Iowa; East Moline, Moline and Milan, Illinois; and  Coffeyville, Kansas.

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SOURCE Deere & Company